UK finally moves to regulate crypto, and it’s a great step in the right direction

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By Darren Parkin by Thomas Tudehope, Global Head of Policy at Luno While much of recent focus has been on the machinations at the top of the Conservative party, there has been a very important step towards effective regulation of cryptocurrency in the UK. Crypto is an increasingly significant sector, attracting millions of pounds in investment and creating tens of thousands of jobs – while nearly 20% of UK adults hold some cryptocurrency. Just last week the UK was named the biggest crypto economy in Europe, accounting for $233 billion in raw transaction value from July 2021 to June 2022. The G…

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